RIYADH: Trade ties between the Kingdom and Turkiye are set to improve after the Saudi EXIM Bank inked credit deals worth $51 million with two financial institutions in the country.

Under the terms of the first contract with Turkiye Finans Katilim Bankasi, the designated amount is set at $26 million, while the second agreement with Albaraka Turk Katilim Bankasi stands at $25 million.

The pacts aim to stimulate exchanges between the Kingdom and its Middle East neighbor, fostering the smooth flow of Saudi non-oil exports into the Turkish markets.

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